Kimmel, Accounting, 6e Help I System Announcements Brief Exercise 5-12 Monty Corp. reported net sales $731,000; cost of goods sold $326,500, operating expenses $192,000, and net income $73,400. ,000; and net income $73,400. Calculate the profit margin and gross profit rate. (Round answers to i decimal place, e.g. ia%) Profit margin Gross profit rate Click if you would like to Show Work for this question: Open Shom Work Question Attempts: 2 3 4 5 6 8 9